Write a short description of the bootstrap method of sampling. Possible plan (you can use your own plan if you prefer): 1) Motivation - why is the bootstrap method needed and what problems does it aim to resolve. 2) Procedure - how is the method carried out.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
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ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
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Write a short description of the bootstrap method of sampling. Possible plan (you can use your own plan if you prefer):
 
1) Motivation - why is the bootstrap method needed and what problems does it aim to resolve.
2) Procedure - how is the method carried out.
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